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Gold hits new record price

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Gold hits new record price

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Time to flog your unwanted jewellery as gold and silver have hit new highs. Gold has set another all-time record and silver is at a two and a half year high on the back of fears about global economic prospects, and a weak dollar. Gold has put on nearly four percent in a week, its sharpest climb for more than three months. It could soon be close to 1300 dollars an ounce as it is shadowing the euro, which is also on the rise.